June Credit Consensus Indicators (CCIs) – US, UK & EU Consumer Goods

Credit Benchmark have released the June Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK & EU Consumer Goods based on the consensus views of over 20,000 credit analysts at 40+ of the world’s leading financial institutions.

Drawn from more than 950,000 contributed credit observations, the CCI tracks the total number of upgrades and downgrades made each month by credit analysts to chart the long-term trend in analyst sentiment for Consumer Goods. A monthly CCI score of 50 indicates neutral credit quality, with an equal number of upgrades and downgrades made over the course of a month. Scores above 50 indicate that credit quality is improving. Scores below 50 indicate that credit quality is deteriorating.

Consumer Goods consists of sectors Automobiles & Parts, Food & Beverage, and Personal & Household Goods.

US Consumer Goods register a ninth consecutive instance of a negative CCI this month. UK Consumer Goods net deterioration returns. EU Consumer Goods show recent instability in their collective credit balance.

US Consumer Goods: Net Deterioration Trend Continues

US Consumer Goods firms maintain a negative credit outlook for nine consecutive months.

US Consumer Goods CCI score this month is 49.8, an improvement from last month’s CCI of 48.1.

Latest US retail sales show an unexpected rise. The data signals consumer spending remains resilient, despite higher inflation and interest rates.

UK Consumer Goods: Net Deterioration Returns

UK Consumer Goods firms return to net deterioration, after two months of positive credit outlook.

UK Consumer Goods CCI score this month is 49.0, a decrease from last month’s CCI of 51.2.

Latest UK retail sales show a rise from a month earlier, surpassing market expectations.

EU Consumer Goods: Net Improvement Returns

EU Consumer Goods firms show recent instability in their collective credit outlook.

EU Consumer Goods CCI score this month is 53.1, a significant improvement from last month’s CCI of 49.2.

Latest Euro Area retail sales show no change, falling short of market expectations.

To download the full CCI tear sheets for US, UK & EU Consumer Goods, please enter your details below:

    By clicking the "Submit" button, you are agreeing to the Credit Benchmark Terms of Use and Privacy Policy.

    Download CCIs Now
    Sovereign Bond Risk Management

    In the current low yield environment, many Sovereign bonds issued by different countries are priced at similar levels. However, this Read more

    Introduction For Credit Portfolio Managers

    Credit Benchmark is a market-led response to three of the most critical issues facing credit risk professionals: 1) The need to Read more

    Sovereign Default Risk In Developing Economies

    This paper examines the use cases for Credit Benchmark’s Consensus Probabilities of Default (Consensus PDs), in the context of more Read more

    Impact Of BCBS Proposals On IRB Banks

    The Basel Committee on Banking Supervision recently published wide-reaching proposals for reducing variation in Credit Risk Weighted Assets, with a Read more

    Follow us on:

    Credit Benchmark brings together internal credit risk views from over 40 leading global financial institutions. The contributions are anonymized, aggregated, and published in the form of consensus ratings and aggregate analytics to provide an independent, real-world perspective of credit risk. Risk and investment professionals at banks, insurance companies, asset managers and other financial firms use the data for insights into the unrated, monitoring and alerting within their portfolios, benchmarking, assessing and analyzing trends, and fulfilling regulatory requirements and capital.